Macao’s composite interest rates – 1st Quarter 2024
According to statistics released today (24 May) by the Monetary Authority of Macao, funding costs of the banking sector in Macao retreated in the first quarter of 2024.
At end-March 2024, the composite interest rates for MOP and HKD decreased by 3 basis points and 22 basis points, from 2.20% and 3.93% at end-2023 to 2.17% and 3.72% respectively.
Macao’s composite interest rates are the weighted average interest rates of all interest-bearing liabilities and non-interest-bearing demand deposits on Macao banks’ books.
Detailed information about the composite interest rates of Macao is available in the latest time series.
https://www.amcm.gov.mo/en/research-statistics/statistics-page/monetary-and-financial-statistics-time-series